There was
no proxy voting for Waddell & Reed Advisors Bond Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

WADDELL & REED ADVISORS CASH MANAGEMENT

Proxy Voting Record

There was no proxy voting for Waddell & Reed Advisors Cash
Management, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

WADDELL & REED ADVISORS GLOBAL BOND FUND

Proxy Voting Record

Vote Summary Report

Report was run from: 6/30/10 to 7/1/11

Location(s): Waddell & Reed Investment Management Company

Institution Account(s): 34 W&R Advisors Global Bond

Seadrill Limited

Ticker

Meeting Date

Country

Security ID

Meeting Type

Record Date

Shares Voted

Shares Instructed

Shares Available

Shares on Loan

N/A

24-Sep-10

Bermuda

G7945E105

Annual

20-Jul-10

97,900

97,900

97,900

0

CUSIP:

N/A

ISIN:

N/A

SEDOL:

B09RMQ1

Proxy Level:

N/A

Meeting ID:

597053

Voting Policy:

Waddell & Reed

Ballot Count: 1

Proponent

VotableProposal

Mgmt Rec

ISS Rec

Policy Rec

VoteInstruction

1

Reelect John Fredriksen

Mgmt

Yes

For

Against

For

For

Client Notes: 2.6a

Research Notes: Item 2.6a

2

Reelect Olav Troim as Director

Mgmt

Yes

For

Against

For

For

Client Notes: 2.6a

Research Notes: Item 2.6a

3

Reelect Kate Blankenship as Director

Mgmt

Yes

For

Against

For

For

Client Notes: 2.6a

Research Notes: Item 2.6a

4

Reelect Kjell E. Jacobsen as Director

Mgmt

Yes

For

Against

For

For

Client Notes: 2.6a

Research Notes: Item 2.6a

5

Reelect Kathrine Fredriksen as Director

Mgmt

Yes

For

Against

For

For

Client Notes: 2.6a

Research Notes: Item 2.6a

6

Approve PricewaterhouseCoopers AS as Auditor and Authorize Board to Fix Their Remuneration

Mgmt

Yes

For

For

For

For

Client Notes: 3.1a

Research Notes: Item 3.1a

7

Approve Remuneration of Directors

Mgmt

Yes

For

For

Refer

For

Client Notes: 2.8a

Accounts and Shares

Institutional Account Detail (IA Name, IA Number)

Custodian Account

Ballot Status

Available

Voted

34 W&R Advisors Global Bond, 34

115887.1

Confirmed

97,900

97,900

Totals:

97,900

97,900

WADDELL & REED ADVISORS
GOVERNMENT SECURITIES FUND

Proxy Voting Record

There was no proxy voting for Waddell & Reed Advisors Government Securities Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment
Company Act of 1940, as amended, and Rule 30b1-4 thereunder.

There was no proxy voting for Waddell & Reed Advisors Municipal Bond Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company
Act of 1940, as amended, and Rule 30b1-4 thereunder.

WADDELL & REED ADVISORS MUNICIPAL HIGH INCOME FUND

Proxy Voting Record

There was
no proxy voting for Waddell & Reed Advisors Municipal High Income Fund, a series of the Registrant, for the period covered by this report, pursuant to Section 30 of the Investment Company Act of 1940, as amended, and Rule 30b1-4
thereunder.

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.